Contributing Monkie G Living Staff Monkies
Published on September 8, 2009
Section Green Report / Media
A report from the Internal Investigations Panel for World Bank found that the organization had been encouraging destructive logging of the world’s second largest forest. According to The Nation, “the Congo’s forests act as the planet’s second lung, counterpart to the rapidly dwindling Amazon.”
The Congo forest locks around 8% of the world’s carbon. Close to 40 million people depend on the Congo forest for medicine, food and shelter. Controlling the affect of rainfall over the North Atlantic, the Congo forest plays a huge part in the biodiversity of our planet. Over the past few years, with encouragement from the World Bank, timber firms have taken around one quarter of the forest, which is equal in size to the state of California.
In 2002, the World Bank entered the Democratic Republic of Congo with the thoughts of aiding in the country’s economic recovery after years of war. New forestry laws were created. However, the Internal Investigations Panel found that the new policies set in place by the bank were having an opposite effect – not just socially, but economically.